Published on July 25th, 2018 | by bitcoin0
“Big Four” Pwc to Audit the Controversial Blockchain Project Entitled Tezos
The Tezos Foundation has announced that the international professional services giant PricewaterhouseCoopers Switzerland (PwC) will conduct an external audit of its finances and operations.
In an official announcement Monday, July 23, the Foundation claimed to be the “first large-scale blockchain organization” to be edited by PwC.
Soon after, the project became the target of several lawsuits, experiencing launch delays, and ultimately leading to a beta network launch on June 30, 2018.
In March this year, PwC announced plans to launch a blockchain auditing service for businesses in the crypto industry, claiming that several companies have signed up for it even ahead of the official release.
Later in May, PwC acquired a minority stake in Chinese blockchain startup VeChain that specializes in anti-counterfeiting, supply chain management and the Internet of Things (IOT).